There is still room for strengthening economic and trade relations between Vietnam and Switzerland: Officials | Business

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During the working session between the Vietnamese Minister of Industry and Trade Nguyen Hong Dien and the Swiss Secretary of State for the Economy Marie-Gabrielle Ineichen-Fleisch. (Photo: VNA)

Bern (VNA) – Economic and trade relations between Vietnam and Switzerland have developed strongly and effectively in all areas, and will further develop in the future.

The view was shared by the Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Swiss Secretary of State for Economic Affairs Marie-Gabrielle Ineichen-Fleisch during their working session on November 26, as part of President Nguyen Xuan Phuc’s ongoing official visit to Switzerland.

Dien expressed his belief that economic and trade cooperation will be the center and the main impetus of relations between the two countries, and suggested that Switzerland work with Vietnam to successfully build new cooperative foundations in the years to come.

The two officials praised the efforts of negotiators from the two countries during discussions on a free trade agreement between Vietnam and the European Free Trade Association (EFTA). They felt that after 16 rounds of formal negotiations and various online meetings since 2012, it was time to conclude the talks.

Dien proposed to Switzerland, with its great role and prestige within EFTA, to urge other members to take a more practical approach, especially in areas where differences remain such as trade in goods, government procurement and intellectual property, to conclude the talks at an early date.

The two sides agreed to redouble their efforts to speed up the negotiations, considering it a priority task to create a solid legal basis for Vietnamese and Swiss companies to run long-term business.

They highlighted support for small and medium-sized enterprises in exporting, developing basic industries and transferring technology to Vietnam.

On this occasion, Dien invited the Swiss Secretary of State for the Economy to lead a delegation of Swiss companies to visit Vietnam as soon as possible.

On the same day, Dien participated in the Vietnam – Switzerland Business Forum co-chaired by Vietnamese President Nguyen Xuan Phuc and his Swiss counterpart Guy Parmelin.

During the forum, Dien reiterated Vietnam’s commitment to net zero emissions by 2050, as presented at the 26th United Nations Conference of the Parties on Climate Change (COP26), held in Glasgow, UK.

Vietnam will implement an energy transformation program from now on, he said.

Armed with its commitment and the promise of the international community to help the country achieve the goal, Vietnam needs cooperation in technology, governance and financial resources from partner countries and investors. , did he declare.

Vietnam welcomes investors from Switzerland, Europe and developed countries in general to come to the country to strengthen cooperation in these priority areas, the Minister underlined./.


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